The buzz may be returning to Singapore's real estate investment sales market, with interest and activity recovering in the commercial sector in particular during the July-September quarter, compared with preceding quarters. That being said, overall, investment sales - defined as transactions totalling S$10 million and more - in the city-state was still down 55.1 per cent year on year to about S$4.4...
Property Investment Sales
Attracted by Singapore’s stable political environment and relatively strong office rentals, Hong Kong investors pumped a total of US$1.4 billion into the Republic’s real estate in the first half of 2019. This accounted for more than a quarter of the US$5.2 billion in total outbound real estate investment from Hong Kong during the period, making Singapore the top destination, Cushman & Wakefield...
Real estate investment sales in Singapore fell 52 per cent year on year to $5.3 billion in the first quarter of 2019, on cooling in the latest bout of en-bloc fever and from residential property curbs. This is according to a Colliers International research report released on Tuesday. The corresponding period in 2018 had seen a record level of residential collective sales, Colliers noted. In the...
It's been a banner year for big-ticket property transactions of at least S$10 million each. As at Dec 23, the tally stood at S$22.5 billion - up 31 per cent from 2015's S$17.2 billion, going by Savills Singapore's figures. CBRE and Cushman & Wakefield have similar numbers. This year's tally of property investment sales, as these transactions are also known, is the highest in three years and has...
Equity Plaza, a 28-storey office tower in Singapore's central business district (CBD), has been sold for S$550 million to a consortium led by mainboard-listed GSH Corp. Real estate consultancy CBRE, which brokered the sale, said the price works out S$2,181 per square foot (psf) based on the building's current net lettable area of about 252,135 square feet. Keppel Land was the seller of the property....
Property consultancy Savills said the real estate investment sales market recorded S$13.4 billion worth of deals in the third quarter of 2013, as of September 24 -- that is the highest quarterly transaction value in the the past five years. The sales were partly driven by the divestment of several commercial properties into the SPH Real Estate Investment Trust as well as the OUE Hospitality Trust....
Big institutional investors have been actively buying up properties across the region. Property investments by pension, insurance and sovereign wealth funds have doubled over the last two years. And some of these investments have spilled over into the Singapore property market. Property sales for investment purposes hit S$31.45 billion in Singapore last year. These include purchases of government land,...
Real estate investment activity in Singapore has picked up in the second quarter of 2012. According to DTZ Research, investment activity for the second quarter increased 48 per cent on-quarter to S$6.9 billion. Meanwhile, investment deals for the first half of 2012 totalled at S$11.6 billion, dropping 32 per cent from S$17.1 billion on-year. Land sales made by the government declined too, accounting for...
According to the latest DTZ Research report which highlights real estate investment activity, real estate investment activity in Singapore dopped by 50 per cent in the first quarter of this year to S$3.7 billion. This compared to the previous quarter where investment sales hit S$7.4 billion. Reasons include investors remain mindful of rising business costs, global economic uncertainties and a weaker...
Property investment sales for this quarter so far have plunged to a two-year low of about S$3.4 billion as of 12 March 2012, but Q1 figures could still rise to around S$3.8 billion, according to Savills Singapore. The 12 March tally is notably 57 percent lower than Q4 2011’s S$7.7 billion and 60 percent down from the S$8.4 billion recorded in Q1 2011. Savills said the decline of investment sales may be...